Custodian REIT reports fifth interim dividend

Custodian REIT (LSE: CREI), the UK property investment company, today reports a fifth interim dividend per share for the financial year ended 31 March 2021.

Acknowledging the importance of income for shareholders and the Board’s objective of paying dividends at a level broadly linked to net rental receipts during the COVID-19 pandemic, the Board is pleased to declare a fifth interim dividend of 0.5 pence per share.

Reflecting the continuing robust levels of rent collection seen since the onset of the COVID-19 pandemic, this fifth interim dividend results in aggregate dividends per share for the year ended 31 March 2021 of 5.0 pence, fully covered by net cash receipts and 113% covered by EPRA earnings.

The fifth interim dividend will be paid on 30 June 2021 to shareholders on the register on 21 May 2021 and will be designated as a property income distribution (“PID”).